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NEW QUESTION: 1
A customer wants to maintain basic data and dates of a WBS element on the same tab.
Also, basic start and basic finish should be mandatory fields. What do you recommend?
There are 2 correct answers to this question.
Response:
A. Define Table Settings for WBS to specify customer-specific tabs.
B. Define Layout Detail Screen for WBS to specify customer-specific tabs.
C. Define Create User-Defined Fields for WBS to specify the mandatory fields.
D. Define Field Selection for WBS to specify the mandatory fields.
Answer: B,D
NEW QUESTION: 2
Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Firm-Fixed -Price Contract (FFP)
B. Cost Plus Award Fee Contract (CPAF)
C. Time and Material Contract (T&M)
D. Cost Plus Incentive Fee Contract (CPIF)
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Time and Material Contracts (T&M). Time and material contracts are a hybrid type of contractual arrangement that contain aspects of both cost-reimbursable and fixed-price contracts. They are often used for staff augmentation, acquisition of experts, and any outside support when a precise statement of work cannot be quickly prescribed. These types of contracts resemble cost-reimbursable contracts in that they can be left open ended and may be subject to a cost increase for the buyer. The full value of the agreement and the exact quantity of items to be delivered may not be defined by the buyer at the time of the contract award. Thus, T&M contracts can increase in contract value as if they were costreimbursable contracts. Many organizations require not-to-exceed values and time limits placed in all T&M contracts to prevent unlimited cost growth. Conversely, T&M contracts can also resemble fixed unit price arrangements when certain parameters are specified in the contract. Unit labor or material rates can be preset by the buyer and seller, including seller profit, when both parties agree on the values for specific resource categories, such as senior engineers at specified rates per hour, or categories of materials at specified rates per unit.
NEW QUESTION: 3
A user is creating a new workflow and accidentally sets the primary entity to Contract instead of Contact. You need to ensure that the primary entity of the workflow is set to Contact. What should you do?
A. Instruct the user to deactivate the workflow, and then instruct a system administrator to change the primary entity.
B. Instruct the user to assign the workflow to a system administrator, and then instruct the administrator to modify the primary entity.
C. Instruct the user to deactivate the workflow, and then to change the primary entity.
D. Instruct the user to delete the workflow, and then to create a new workflow.
Answer: A
NEW QUESTION: 4
A. Option D
B. Option C
C. Option B
D. Option A
Answer: D